What are the best ways to monetize a web based service that is free, other than ads?
Osm Chm
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Launching soon a Web based service and we are looking for multiple ways to monetize our service without creating a pay to use service or an Ad based one ... so any creative / new ideas might help.
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Caroline Chiari@caroline_chiari
You can:
- Sell Enterprise dedicated instances
- Sell microtransactions and subscriptions (charge for certain features or transactions)
- Sell services around your platform
- Sell user data (not their contact info or anything identifiable, unless it's the type of business you want to do)
- Ask for donations
- Sponsored content
- Affiliate links, so you don't "advertise", you "refer"
- Set a limit on the free tier, a limit at which you feel uncomfortable losing money
- Do consulting using your platform to perform your work
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How about partnering to bundle the service with a complementary item that's of value and charging the bundle owner (i.e. licensing your service with a bundle). Worked for Microsoft :)
Sell product or service on subscription basis.
I'd think about using the service you have created to prove that you can perform a task and then sell that task. I'm guessing that is what @caroline_chiari1 is referring to. It is a similar approach that home builders use for model homes.
Give it free then charge for integration, setup, maintenance or extra requests, premiere support and such...